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North Carolina Victim Assistance Network-Nc Van

RegisteredEIN 56-1525424Raleigh, NCOther charitable purposes
Income$1.4m2023-06
Spending$1.4msame year
Spent / received98%5-year average
Size in its cause81st pctOther charitable purposes
Exempt since1988Publicly supported organisat
Employees9latest return

Analysis

North Carolina Victim Assistance Network-Nc Van is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in January 1988, 38 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, North Carolina Victim Assistance Network-Nc Van reported income of $1.4m and spending of $1.4m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $871k to $1.4m (+55%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 47%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Carolina Victim Assistance Network-Nc Van sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within NC. Charities of a similar size with the same main cause include Entrepreneurs Organization ($1.4m), Montessori Childrens School Inc ($1.4m) and Seminole County Bar Association Legal Aid Society Inc ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 1.1% of the total. Other salaries and wages came to $517k. At year end it held assets of $288k against liabilities of $55k, net assets of $233k. It reported 9 employees.

Income and spending

$0$449k$897k$1.3m$1.8m2019 Income: $871,3072019 Spending: $796,81920192020 Income: $872,2162020 Spending: $998,51620202021 Income: $1,278,9182021 Spending: $1,274,55620212022 Income: $1,794,4152022 Spending: $1,567,80520222023 Income: $1,351,1192023 Spending: $1,415,3352023
IncomeSpending

Where the income comes from

  • Contributions & grants 99%
  • Program services 1.1%
  • Other 0.3%

Similar-sized charities, same cause

CharityLocationIncome
Entrepreneurs OrganizationPlantation$1.4m
Montessori Childrens School IncWestlake$1.4m
Seminole County Bar Association Legal Aid Society IncLongwood$1.4m
Maine Center for Enterprise DevelopmentPortland$1.4m